{"product_id":"compensation-in-part-time-jobs-versus-full-time-jobs-what-if-the-job-is-the-same-9781249267683","title":"Compensation in Part-Time Jobs Versus Full-Time Jobs: What If the Job Is the Same?","description":"\u003cp\u003e • Author(s): Michael K. Lettau | Us Bureau of Labor Statistics (Bls)\u003cbr\u003e • Publisher: Bibliogov\u003cbr\u003e • Publisher Imprint: Bibliogov\u003cbr\u003e • BISAC: General\u003c\/p\u003e\u003cp\u003eI use data from the BLS' Employment Cost Index (ECI) Program to document differences in compensation between part-time and full-time jobs. The design of the ECI survey allows me to compare wage and nonwage compensation in jobs from the same establishment and occupation, but where one job is part-time and the other job is full-time. I find that compensation per hour is substantially lower in part-time jobs than in full-time jobs, even when the jobs are from the same establishment and occupation. Supplementary results using data from the Current Population Survey suggest that human capital differences between part-time and full-time workers explain at most a minority of the large difference in expected compensation. Therefore, the results suggest that an individual can expect a lower wage rate if he or she decides to work part-time rather than full-time, and much lower benefits per hour.\u003c\/p\u003e","brand":"Bibliogov","offers":[{"title":"Paperback","offer_id":47596676776087,"sku":"9781249267683","price":1563.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781249267683.webp?v=1774994707","url":"https:\/\/atlanticbooks.com\/products\/compensation-in-part-time-jobs-versus-full-time-jobs-what-if-the-job-is-the-same-9781249267683","provider":"Atlantic Books","version":"1.0","type":"link"}